JCPenney filed for bankruptcy early in the pandemic, when stores had been closed for nearly two months. JCPenney’s savior came in the form of its landlords, Simon Property Group and Brookfield Asset Management; the two largest mall landlords in the country chose to buy the retailer rather than...
JCPenney filed for bankruptcy early in the pandemic, when stores had been closed for nearly two months. JCPenney’s savior came in the form of its landlords, Simon Property Group and Brookfield Asset Management; the two largest mall landlords in the country chose to buy the retailer rather than...